SNLN - Highland iBoxx Senior Loan ETF
| Assets | $45.23M |
| NAV | $16.16 |
| Expense Ratio | 0.75% |
| PE Ratio | n/a |
| Beta (5Y) | 0.26 |
| Dividend (ttm) | $0.39 |
| Dividend Yield | 2.43% |
| Ex-Dividend Date | Apr 15, 2021 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $16.13 |
| Previous Close | $16.16 |
| Change ($) | -0.03 |
| Change (%) | -0.15% |
| Day's Open | 16.14 |
| Day's Range | 16.12 - 16.15 |
| Day's Volume | 5,334 |
| 52-Week Range | 14.99 - 16.23 |
Fund Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Markit iBoxx USD Liquid Leveraged Loan Index. The fund will, under normal circumstances, invest at least 80% of its assets (the 80% basket) in component securities of the underlying index. The underlying index is a subset of the Markit iBoxx USD Leveraged Loan Index. Leveraged Loans are loans to companies that typically already have a high amount of debt and are often characterized by lower credit ratings or higher interest rates. It is non-diversified.
| Asset Class Fixed Income | Sector Bonds |
| Region Global | Inception Date Nov 8, 2012 |
| Exchange NASDAQ | Ticker Symbol SNLN |
| Index Tracked Markit iBoxx Liquid Leveraged Loan Index | |
Top 10 Holdings
44.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Treasury Obligations Csh Mgt Ins | DTRXX | 25.94% |
| Scientific Games Int'l | CFW.TO | 2.53% |
| Nationstar Home Equity Conversion Loan Trust 2.8826% | NHLT 2015-2A A | 2.46% |
| Centurylink Inc. | CFW.TO | 2.16% |
| Envision Healthcare Corp | CFW.TO | 1.99% |
| Charter Comm Op 10/19 Tl | CFW.TO | 1.98% |
| Elanco Animal Tl 1l B | CFW.TO | 1.97% |
| 1011778 B.C. Unlimited | CFW.TO | 1.95% |
| Virgin Media Bristol Llc | CFW.TO | 1.89% |
| Change Healthcare Hld | CFW.TO | 1.88% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 15, 2021 | $0.027044 | Apr 30, 2021 |
| Mar 15, 2021 | $0.026988 | Mar 31, 2021 |
| Feb 12, 2021 | $0.027099 | Feb 26, 2021 |
| Jan 15, 2021 | $0.0338 | Jan 29, 2021 |
| Dec 15, 2020 | $0.023 | Dec 31, 2020 |
| Nov 13, 2020 | $0.0297 | Nov 30, 2020 |
Rising rate worries started bothering both equity and bond markets from February-end. Bonds have registered steep selloffs.
DALLAS, Sept. 25, 2020 /PRNewswire/ -- Highland Capital Management Fund Advisors, L.P. ("HCMFA") today announced recent portfolio manager updates for the Highland/iBoxx Senior Loan ETF (NASDAQ: SNLN) ("...